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Thursday July 12th, 2012

Confirmed: Qatar Royal Family Investment Group Buys Valentino for $858 Million
The Business

Confirmed: Qatar Royal Family Investment Group Buys Valentino for $858 Million

Earlier this week rumors were swirling online that Valentino was going to be sold to the royal family of Qatar. Valentino confirmed those rumors today. Mayhoola, an investment group controlled by Qatar’s royal family, purchased the label for an estimated $858 million, though that number is an estimate, according to WWD. Their vision for the Read more →

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Published at 9:45 AM